Ecovision acquires Delphi Finansanalys

Thu, Dec 11, 2003 03:00 EST

Ecovision acquires Delphi Finansanalys
Ecovision AB has acquired Delphi Finansanalys AB from Swedish Delphi
Economics AB. Delphi Finansanalys is the leading provider of financial
information to Swedish newspapers. Among Delphi Finansanalys' customers
are Dagens Nyheter, Svenska Dagbladet, Göteborgs-Posten and 30 other
newspapers.
Delphi Finansanalys is also a leading provider of Nordic financial
fundamental data and Internet solutions to customers such as SEB,
Affärsvärlden, E*trade and Aftonbladet.
Ecovision is a leading provider of financial information systems in the
Nordic countries. After Ecovision's acquisition of Delphi Finansanalys,
the Delphi Finansanalys services will be marketed under the Ecovision
brand.
- The acquisition of Delphi Finansanalys means that Ecovision
will be the leading provider of financial information to the Swedish
media sector, says Paul Östling, Managing Director of Ecovision AB. We
are very pleased to follow up our successful acquisitions in Finland in
2002 and of Newmedia this year with this strategically important
acquisition of Delphi Finansanalys, says Paul Östling.
The acquisition of Delphi Finansanalys implies an expected increase of
revenue for the Ecovision Group of approximately 12 million SEK in 2004.
- For Delphi Finansanalys and its customers it is very positive
to be part of to the Ecovision Group, says Jan Andersson, Managing
Director of Delphi Finansanalys. It will enable Delphi Finansanalys to
further develop its offerings and to contribute to making Ecovision the
number one Nordic provider of financial information, says Jan Andersson.
-
Ecovision group revenue in 2002 amounted to 64.4 million SEK and the
operating result was 8.6 million SEK. The Ecovision group has 35
employees and has activities in Sweden, Norway, Finland, Denmark and the
Netherlands.
Ecovision shares are listed on the Stockholm Stock Exchange, New
Markets.
The following companies are part of the Ecovision Group: Ecovision
ProTrader - with real-time financial information, Ecovision Newmedia -
developing and operating customized trade- and information services, and
the Ticker News Agency, with real-time news for the financial markets.
Paul Östling, tel. +46 31 68 34 50
Managing Director Ecovision AB
Jan Andersson, tel. +46 18 56 24 19
Managing Director Delphi Finansanalys
www.ecovision.se
www.delphi.se
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